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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> about three minutes left and we're closing out the week near the lows of the week. this is the dow this week, and generally the hopes for a fiscal cliff resolution have been coming down here, and nowhere has it been more evident than just in the last hour. let me show you today's chart of the dow. early on we had the rumors that maybe the president had some new scaled down proposal to offer at the white house meeting, and then our eamon javers reported that that is not the case, and that's what took this market lower, and we're near the lows, down 138 points. my friend ben willis, you've been one of the more optimistic traders on the floor, optimistic we'd get a resolution. willing to buy the dips and now this happened. >> the chart you just showed, mr. obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the s
wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> less than a week before we go flying over the fiscal cliff, there is still no deal in sight. hampton pearson in washington with the very latest on that. what do you have? >> how you doing? we are down to single digits, seven days and counting if you will, to even get a short-term fiscal cliff deal done. we heard president obama on friday handed what we might call a bare bones plan c ahead of january first. extension of the bush tax cuts for those making $250,000 or less and an extension of unemployment benefits. while it could be a quick turn-around from that hawaiian vacation for president obama and congressional leaders, expectations they could be back in washington later this week, all eyes now on the senate where republicans are split on whether it's possible to make a deal with the obama white house. >> the president's statement is right. no one wants taxes to go up on the middle class. i don't want them to go up on anybody. i'm not in the ma
Search Results 0 to 1 of about 2